Regardless of where you are in the selling process, you can never start too early. Consider the following 13 tips to improve your practice now. Get your fees in line. Fees should be evaluated and adjusted annually. Several resources are available to report treatment fees by percentile for a given zip code. Getting your fees [...]

A dental practice transition requires expertise in many different areas business and the law. I will narrow my advice as it applies to the U.S. federal income tax laws as they may apply in dental practice transitions. Proper tax planning and preparations in the sale of your dental practice can afford the Seller tax savings [...]

The success of anything built or created, depends on a SOLID FOUNDATION. It only follows that before adding an associate to your practice, you must set the stage for a positive outcome by planning carefully from the beginning. Too often, the owner dentist and prospective associate leave their first meeting with a long list of [...]

A significant number of dental careers begin with the purchase of a practice. This purchase is ONE OF THE MOST IMPORTANT FINANCIAL DECISIONS A DENTIST WILL MAKE IN HIS OR HER PROFESSIONAL CAREER. If you are entering into an arrangement to purchase a practice, whether now or in the future, you are entitled to the [...]

In the peak of your career, SELLING YOUR PRACTICE may seem too far in the future to consider in any detail. On the other hand, with retirement on the horizon, the prospect of your career’s end may feel overwhelming. Either scenario can prevent the wheels of planning from turning. Although early planning is always ideal, [...]